Top 10 Daily Cybercrime Brief by FCRF [08.09.2024]: Click here to Know More

Important global cybercrime news has been curated by Futurecrime Researchers to keep you informed about various types of digital fraud occurring worldwide and to provide insights into the best mitigation strategies. Read below to learn more in detail.

1. Hackers Behind Rs 2,000 Crore WazirX Heist Begin Laundering Stolen Funds
Hackers behind the Rs 2,000 crore WazirX theft have begun laundering stolen assets, with over $12 million laundered via Tornado Cash. WazirX admitted that 43% of its users may lose their digital assets. A restructuring plan is in place, and legal action is ongoing to recover the funds.

2. Cyber Fraudsters Exploit KBC Name, Promise Nexon Car, Swindle Rs 11 Lakh
Scammers in Hamirpur, Himachal Pradesh, used the name of the TV show Kaun Banega Crorepati (KBC) to defraud a victim out of Rs 11 lakh. Posing as KBC organizers, they promised a Nexon car, but after multiple payments, the victim lost Rs 11 lakh. Police froze related bank accounts.

ALSO READ: Join The Movement: Registration Open for ‘Cyber Safe Uttar Pradesh’ Event by FCRF on October 17

3. Tragic Incident: Nagpur Pharmacist Dies by Suicide After Cyber Fraud
A 51-year-old pharmacist in Nagpur died by suicide after losing Rs 60 lakh to cyber fraud. The victim, Akshay Bahekar, was found unconscious in a hotel room with a suicide note explaining the loss. Police are investigating the fraud that led to the incident.

4. Assam Police Busts Multi-Crore Trading Scam, Arrests Over 40 Suspects
Assam Police arrested nearly 40 individuals in connection with a Rs 2,200 crore online trading scam. The mastermind, Bishal Phukan, promised investors high returns, using fraudulent agreements. Police seized bank documents, luxury items, and foreign currency, and the investigation continues to track more suspects.

5. ICICI Bank Issues Alert: Lottery Scams Often Begin With…
ICICI Bank has issued a warning to its customers about lottery frauds. Cybercriminals lure victims with promises of large cash prizes through phone calls, emails, and messages. The bank advises customers to remain cautious and avoid sharing sensitive information with fraudsters.

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6. Cybersecurity Expert Uncovers Phishing Scheme Targeting Students
Kaspersky identified a spike in phishing campaigns targeting students ahead of school, using fake surveys and prize schemes to steal sensitive data. Victims are asked for personal information and tricked into paying for fake prizes. These scams pose serious long-term risks like identity theft.

7. UAE’s Cyber Sniper Initiative Continues Enhancing Government Employees’ Cyber Skills
The UAE Cybersecurity Council completed specialized training under the “Cyber Sniper” initiative, focusing on ethical hacking and cybersecurity. Launched with global partners, this program aims to enhance the skills of UAE government employees, ensuring protection of critical infrastructure and readiness to combat emerging cyber threats.

ALSO READ: Future Crime Research Foundation (FCRF) and Bankers Institute of Rural Development (BIRD), NABARD Join Forces to Strengthen Cybersecurity in Rural Banking

8. US, Japan, South Korea Conduct Key Discussions to Tackle North Korean Cyber Threats
US, Japan, and South Korea held trilateral talks to combat North Korean cyber threats, focusing on cryptocurrency theft and IT worker networks. The meeting followed FBI warnings of advanced social engineering attacks by North Korean hackers. Strategies for sanctions and involving private industry were also discussed.

9. Cyberattack-Affected Council in Process of Restoring Services
Tewkesbury Borough Council declared a major incident after a cyber attack but successfully contained it. No personal data was breached. With support from cybersecurity experts, the council is rebuilding services, prioritizing vulnerable residents. The investigation continues, and community hubs have been set up for local assistance.

10.Grenada Cybersecurity Team Raises Alarm Over Increasing Job Fraud Scams
Grenada’s Cyber Security Team warned against rising employment scams. Criminals pose as hiring agencies, stealing personal information and money from job seekers. Citizens are urged to verify companies, avoid sharing sensitive details, and be wary of red flags like upfront payments or refund requests through money transfer services.

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